Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik ButerinCharles Hoskinson, and many others. Development began in 2014, with the official release occurring in mid-2015. Described by Buterin as a decentralized computing platform, Ethereum is a more wide-ranging application of the Decentralized Ledger Technology pioneered by Bitcoin

Ethereum was designed with the intention of having a scripting language for application development, which Bitcoin lacks. Dapps (decentralized apps)  are now some of the most intense research and development areas in the digital currency space. As mentioned by Buterin, Ethereum trades some security for versatility, though the development team is working extensively on improving security and scalability. 

Though it does take inspiration from Bitcoin, it differs in many ways. One notable difference is that the consensus mechanism algorithm gives ASICs less of an advantage. Block times range from 10 - 15 seconds as opposed to Bitcoin’s 10 minutes. One notable incident in Ethereum’s history occurred in 2016, when a smart contract flaw resulted in the theft of approximately $50 million worth of Ether. This subsequently resulted in a hard fork, splitting the Ethereum blockchain in Ethereum (ETH) and Ethereum Classic (ETC).

Ethereum itself, like Bitcoin, has inspired many projects, including rival platforms that seek to address the shortcomings of Ethereum. These platforms include EOS and Tron, which at the moment are its two closest competing platforms. Ethereum’s purpose of creating a platform for decentralized applications is its most vaunted aspect, as dapps are widely considered to bring the next era of adoption as specific, well-developed and user friendly crypto-based applications bring legitimacy to digital assets in the wider world.

In this tag, read Ethereum (ETH) news, price predictions, opinions and analyses created by users.

US Warns Against China's CBDC (CBDC Advantages and Disadvantages)

23 Jul 2021 4 minute read 6 comments Wonrey

The United States has entered a political battle with China and U.S. lawmakers do not want Olympic athletes to use the digital yuan at the 2022 games in order to protect the privacy of American athletes from the Chinese Communist Government. Now I n...

Cryptocurrency Security: How to Keep your Crypto Wallet Secure

29 Jul 2021 6 minute read 5 comments Wonrey

Popular YouTuber Steve, had his crypto wallet hacked, and he didn't say exactly how much he lost, but he did state, “I lost a lot of money”, and I believe that he lost at least 1,000,000 dollars worth of crypto or more, considering the fact that he h...

The Polygon Report - Five most useful tools for yield farming and how to use them - 07-28-21

28 Jul 2021 2 minute read 4 comments Johnny0x

  One of the first things that I get asked by people who have just gotten into yield farming is, "what tools are best at evaluating projects?"  This article will be a streamlined answer to that question. If you are just getting started or are lookin...

KuCoin Weekly Technical Overview: Bitcoin Reverses to Bullish After Two Drops Below the $30k Mark - Here's What To Expect

26 Jul 2021 3 minute read 4 comments KuCoin Blog

After the longest (and most lucrative) bull runs in its 10-year history, Bitcoin (BTC) broke below the $30,000 mark for the third time since the year began. While Elon Musk triggered the recent bearish sentiment, its persistence comes from a host of...

Web 3.0: A use case for centralized web.

26 Jul 2021 5 minute read 1 comment Dzoelx

Hey, let me guess, you moved from Steem, Hive or similar platforms to publish0x, Medium or theCapital? Or maybe, the other way round. Personally, I’ve found a certain level of balance and I am continuously working to settle down on both calibre of w...

All you need to know about - NFTs

27 Jul 2021 10 minute read 5 comments Mishal Alexander

Do you really know what an NFT is? What can an NFT do? If I own an NFT today, will it multiply it's value in the future? Can an NFT make me rich? Or rather is NFT a fad? Well I had the exact same questions. And I thought I will research about it and...

Axie Infinity: Gotta Tokenize Them All

28 Jul 2021 6 minute read 1 comment hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts or my cryptocurrency archives to learn more about this fascinating new technology! Humanity’s intense desire...

How Early are we on the Cryptocurrency Road to Adoption

27 Jul 2021 4 minute read 1 comment Lukros76

It's safe to say if you invested into cryptocurrency during 2009-2012 you are an early adopter, a really really early adopter. That is undeniable and for anyone that held their coins from then to now it's been a fun ride. But even 12 years after the...

The Zilliqa - Ethereum bridge will be the DeFi game-changer!

24 Jul 2021 2 minute read 4 comments PVMihalache

Let's talk about Zilliqa (ZIL) and how the network sharding can create a speed of transactions that can match the current expansion of the Cryptoverse. Now I hate it (or not!) but I have to remind you that I wrote about this huge potential in June 20...

All you need to know about - AAVE protocol

25 Jul 2021 12 minute read 2 comments Mishal Alexander

Aave? What is it? Is it a crypto trading platform? Can I make money on Aave? Is Aave a trustworthy place to do transactions? If you have any of these questions in your mind, then you are in luck. Because today's topic of discussion is Aave. I strongl...